ChampionsGate Acquisition Appoints Boon Liat Timothy Lim as CEO.

ChampionsGate Acquisition Corporation has appointed Boon Liat Timothy Lim as CEO, Chairman, and director. Lim has over two decades of executive leadership and operational management experience in Southeast Asia. He previously served as executive director and President/Acting CEO at Dragon Group International Ltd and has held various roles at ASTI Holdings Ltd. Lim will lead business development and growth strategies for the blank check company.

ChampionsGate Acquisition Corporation (CHPGU) has appointed Boon Liat Timothy Lim as its new Chief Executive Officer, Chairman, and director, effective October 20, 2025, according to a Stocktitan announcement.

With a career spanning various executive roles, Mr. Lim has held positions at Dragon Group International Ltd. and ASTI Holdings Ltd. He served as executive director and President/Acting CEO at Dragon Group International Ltd. from 2006 to 2021, leading business development and growth strategies. At ASTI Holdings Ltd., a major semiconductor developer, he held various roles, including Group Administrative Officer and Executive Director from 2004 to December 2021, supervising corporate functions for the group and its portfolio companies globally, according to a MarketScreener article.

Since January 2022, Mr. Lim has served as an independent consultant, advising business leaders on strategic and management issues. His appointment comes after the departure of Mr. Bala Padmakumar, who served as the Company’s CEO, Chairman, and director since inception until July 31, 2025, according to the Stocktitan announcement.

Director William W. Snyder, who led the search for a new CEO, welcomed Mr. Lim, noting his extensive business management experience and strong regional relationships. The appointment is expected to drive the Company’s search for superior business combination opportunities, the Stocktitan announcement said.

The appointment of Mr. Lim is a routine leadership change for a blank-check company, with implications tied to its search for a business combination. The Company's ability to convert this governance change into concrete value will depend on the execution of its search mandate and board support for Mr. Lim’s initiatives. As of now, no deal terms, financial metrics, or target disclosures have been announced, per the Stocktitan announcement.

Investors and financial professionals should monitor formal SEC/Nasdaq filings, a definitive agreement announcing a target, or a proxy statement as the next material milestones within the Company’s search timeline, the Stocktitan announcement added.